Historical Newspapers of South Carolina

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% I W ' 8 = CITIZ BEGS TO CING ON WE WILL With the * are now relieve In additio holders which The Boot some day you of to build a h The payrr 1 I I *3 CHAS. D. JONES, I = TO HELP SOUTH AND WES1 TO AID MOVEMENT OF CROPS To Deposit Near $50,000,000 ol , of Government Funds in National Banks. Washington, July 31.?Twentyfive to fifty million dollars of government funds will be deposited in the national banks of the South and "West at once by Secretary McAdoc to facilitate the movement of crops Federal, state and municipal bondi flnH nrl m n onm nj nrol o 1 nonor will Kr accented as security for the money upoi. which the banks will pay twc per cent interest. The motive of Secretary McAdoc lr. establishing this new policy is tc anticipate the money stringency in the late summer and fall, which in variably accompanies the marketing and movement of crops, especiallj when the crops are unusually large as the harvest now beginning forecasts. He intends to take time bj the forelock and prevent or minimize the usual tightness of money. In a statement today the secretarj made the significant answer thai government bonds would be accepted at par as security for the new de posits and that the additional monej would be placed only with bank! which have taken out at least 4( per cent of their authorized circula tlon. HELP -RESTORE PARITY. United Stated two per cent bonds serving as security for most of th< i national bank circulation, have beei depressed recently to new low mar ket records, dropping to 95% dur ing the past few days. The secre tary's willingness to accept thes< bonds at par as security for the 2! to 50 millions of promised depositi and the inducement to the nations banks to increase their circulation ui to the 4 0 per cent limit is expectet tr\ holn in roulnri r? cr thn no riftr nf t Vi i WW UWip MMM IV.OHfl IUfS VUO |/?l IV/ V/? ttt< depressed 2s, by creating a new mar ket fpr them. J?or the first time in history thi government 'Till accept prime com merclal paper as Security for depos its. This privilege Will be granted announced the secretary, in order U make these special deposits avail able to the banks on securities read ily within their reach. "The commercial paper submit ted," added Mr. McAdoo, "shall flrs be passed upon and approved by th< clearing hous committees of tin < ities in which the banks offering such naaper may be located. All com merclsl paper and bonds must final ly be p.utsed upon and accepted bj the secretary." Approved commercial paper wll' Tie accepted as security for the de posits at 96 per cent of Its face value And high class state, municipal anl CMC DTII1 LilliJ LPU1J ANNOUNCE TI AUGUST 1st, 1! , BEGIN PAYIP maturity of this Serie! id of the great struggl n to the happy home will be put in circulati =H J :s of Subscription to S will thank us for invit i *.1 J?^ ome, anu to muse ucj lents are monthly and Citizens ^resident ' i other bondR, exclusive of government ( bonds, at 7 5 per cent or their market value. ADDITIONAL DEPOSITS. The additional deposts will be ^ f placed with the national banks in the two or three principal cities in each of the states where harvestng now is in progress and where the demand for money for moving the crops most " conveniently can be met. The sec~ retary said it would not be practica. ble to scatter the deposits in view of the character of securities necessary, j The banks will be required to re' i turn the money to the public treas, ury when the crops have been moved. The present suggestion Mr. McAdoo J said, is that 15 per cent be repaid in December, 30 per cent in July, 30 ) per cent in February and 25 per cent t in March next. ( i "Steps are now being taken to carry out the plan," added the sec| retary, "so that the funds may be ] promptly available for the movement of crops." Names of banks to re' i ceive the deposits and other details \ of the arrangement will be announc. ed later. ' j THhis new policy is the antithesis , of that adopted by former Secretary . of the Treasury MacVeagh, who a year ago declined to make govern" ment deposits to relieve teh tight ~ monqy market on the ground that the i moderate surplus of federal funds at , that time should be held as a reserve to be utilized at some possible critical stage. BALANCE OF FUND. i W7 i t }\ tK a nnt Kolanon in V?a oron _ t | TTIfU VU*? Iiov uaiuuw IU tuc ftCII- ^ ? eral fund today amounting to nearly , $132,000,000, Secretary McAdoo has ( 1 taken the stand that the government should anticipate the situation by j placing deposits wheTe and at the , " time they are needed. ; 1 If the full $60,000,000 is deposit- \ ' ed this step will temporarily almost , ? double the government's deposits 1 with the inks which now hold $68,- , J 000,000 of federal funds. 1 1 Just as Secretary McAdoo was an- , nouncing his plan Senator Tillman of South Carolina was issuing a statement declaring that unless Congress acted quickly to provide an emergency currency. the cotton planters of the South would lose a j hundred million dollars through In ability to get money to move their - , crops. t The Best Pain Killer. 3 Bucklen's Arnica Salve when ap3 plied to a cut, bruise, sprain, burn or l scald, or other Injury of the skin will - Immediately remove all pain. E. E. -1 Chamberlain of Clinton, Me., says: r, "It robs cuts and other injuries of j their terrors. As a healing remedy I It equal don't exist." Will do good - for you. Only 25c at Lancaster Pharmacy and the Standard Drug [ Company. ( i x THE LANCASTER N I T] LDINGJ 1AT Si;P.IKS 1)13, AFTER <JG TO SHAR] $60,2 s many individuals , e to become owner getters there will b ion right here in ot sTEW I ieries No. 4 are no\ ing you to subscrib liring to save mone] at the rate of $1 0( Buildirr R. E. WYLIE, CONFERENCE FOR THE COMMON GOOD l Permanent Movement to Co-Ordh nate the Constructive Forces in &AII*k Onxr.litiQ The following has been sent us or publication. We heartily, em lorse every word of it. The confer snce takes place in Columbia August 5 and 7, 1913: Many a man has at some time in lis life marveled that* in Congress i Republican ever votes for a Demo :ratic measure or a Democrat for c Republican measure. Yet partj ines are not greater than patriot sm. When the United States de dared war against Spain, Congress manimously passed the Cannon bil jutting into the hands of the Presi lent fifty million dollars for nation il defense. On this all were agreed II WUB IUF lilt? rUIIlIIIOIl t>UUU. The nation is called a common vealth; and wealth in common ii lot aimed at as the national purpose ttill the national wealth, or weal, ii ;he common concern of all and In lirectly commonly to all, for all owr ir possess the nation's wealth. Fun iamental, then, is the fact of coin nuallty and also that this forc< atent in groups of men needs ex ^ression. Civilization thus is tin ixpresslng of what is common to al nthis land of the llvng. It is tin ivlng way or the way of the living (n matters of vital concern, there fore, even noisiest political antago lists may agree. Upon matter worth while all may agree. Wha these are for South Carolina, th< Conference for the Common Good meeting in Columbia, August 6-7 will attempt to decide, not by edicts but by the results of what is a sor if a clearing house of opinion ii which all views will have their Jus weight. This way of getting together t< find out a course to follow find many analogies in nature. Drops o water stand separate on the pane o 7I n dq until hv onH Kv on nHvontn rouB drop loosens Its mooring, am joining with other drops, forms tiny rivulet, draining the glass. 1 has organized the drops. The flasl nf lightning gathers up the potentia at the tiny globules of water In th Rky Into one blinding discharge. Th trerse, "Little Drops of Water," 1 worn with repetition; and It Is nc new at all to say that the brook rorm streams; streams, rivers; an rivers bear upon their mighty bof oms the commerce of a nation; bu the wonder Is that men do not se the new thing in these old Idea when applied to themselves. It is this. Only by Joining tc gether do we serve. Channels ar formed thus. There 1c no man, poi Ribly, who does not desire to wor' for the good of all, who does no want his town to grow, better* crop ' ' J ^ i EWS, AUGUST 1,1913. ^LOAN, NO. 1 HAS MA THE MEETING EHOLDEUS TH 100.00 will be made happy in s of their homes and r e many thousand do ir midst. 017TI T17 C ?v open at The First >e to stock in this Sei y no better and safer i ) for each share subsci s & Loai I * Vice-President to be made In his district, fewer evi- '" dences of poverty to be about him, I' I to be cheerful, well liked, and not a gloom over others. But these man stand apart in efTort like the drops j on the glass or the mist in the 1 heavene or the brooks in the field. "Little strokes fell great dfcks," for centuries everybody has said; now ' : is the time to do. What to do is I " clear. Join hnnds with your neigh- j " | bor for something better. That is j ] L the common good. A first good step, i , is to come to the conference in Co- 1 ] 1 lumbia and to the one in your com- ] ; munity and stand shoulder to shoul- ' " der to shoulder with those who arej< 1 j not ashamed to be found trying to I 7 do good. "Gather up the fragments 1 ' that nothing be lost"?of this effect ] " which all feel, which all can express 1 J hut are not expressing, and which I \ 1 men singly cannot perform but can 1 " ; do easily and well in conjunction j | "? with other men. j ( | Neighbor, do not hold back from , < nit* uinvuKHiun iiet'uuBe you ieei a ( hesitation in making yourself heard. | *1 A very slight pull on the trigger will 1 Are a large gun. And when a glass, i of alum water Is about to crystallze ! * i out, the smallest bit of alum dust ' 1 will hurry it up by giving the mole- i "jcules something to line up around; i " even a grain of foreign matter like P sand will serve the purpose. If you " have the speck of dust or the grain 9 of sand, bring it along. The value 1 of the conference will depend upon 9 you. I . TO WITHDRAW NEGRO'S NAME. si 1 May Substitute Name of Indiai^ For Register of U. S. Treasury. , j Washington, July 30.?So much i, opposition has developed In the last t few days to the confirmation of A. E. i Patterson, the Oklahoma negro, to be t register of the treasury, that in the opinion of Senator Qore the wltho drawal of Patterson's name prob s ably will take place soon, f i Senator Gore and Patterson apf peared at the White House today, I - but neither got to see the President d because of the crowded condition of a his engagament list. Senator Gore t did, however, talk the appointment h over with Secretary Tumulty, but d Patterson had to content himself e with an Interview with a minor e official. s Senator Gore said he still wan In it favor of the appointment of an Okla- j s homa full blood Indian to the place ' d and felt sure such an appointment1 would be confirmed by the senate. it | Domestic Explanation. j Young Hopeful?"Ma, what's a >- carpet knight?" el Ma (glaring At pa)?"One who t- will put down the carpets for his k wife without growling and before it he'll see her attempt to do It herm self/' t \ / 1 mm TURED. AND I AUTHORIZE E SUM OF . that their homes are >roperty. liars naid to non-hoi ^ > L_= National Bank of L ries. It's the easiest nvestment can be fou ribed. n Associ< E. M. CR02 FITZGERALD WINS ,E FIGHT FOR ECONOMY 8 democratic Caucus Marked by Strong Political Discussion, Demanding j Republicans Replaced. C) Washington, July 31.?Leading f? in economy fight against more appro- n priatlons for public buildings, Chair- tl tnan Fitzgerald of the house appro- ' o prlatlons commttee, emerged from a h Democratc caucus today with a half- n victory'over Chairman Frank Clark ii if the public buildings committee. | 2 The latter's resolution to direct tl the appropriations committee to re- l" port a public buildings bill was de? Teated 68 to 64 but a tentative agree- ; meet was reached later that public buildings appropriations will be t< Klven Immediate consderaton by the I1 approprations committee with the w view of recommending further expen- b atures. The Democrats agreed to let down the bars for the passage of several Important bills at this season. These ? Include the so-called Hetch-Hetchy , bill, authorising San Francisco to use part of the Hetch-Hetchy Valley for ." a wat#r reservoir, the bill to elevate the American legation at Spain to 1 the rank of an embassy and the bill J* to provide for an American minister J to Paraguay. J1 The caucus was marked by strong r political discussion, including a de- c mand upon the administration to re- |"~ place offlceholdng Republcans with competent Democrats. Representa- , tive Cullop of Indiana, referring to \ the fact that a Republican now holds t the position of supervising architect a of the treasury department, in'charge I c of all public buildings work, declar- t ed it "was time Democrats were put c on guard" over all public expendl- n tures. t The result of today's caucus Is ex- t pected to be an agreement on the t part of the appropriations commit- c tee after further consideration to In- c elude many of the proposed appropriations In the deficiency hjll. Ty. Cobb Calls on President. Washington, July 31.?Ty. Cobb * was a White House caller today. He ^ came with Representative Trlbble ot 1 Georgia and President Wilson greet- ? ed him warmly. Cobb Invited the " President to see one of the DetroitWashington games, especially that on Saturday when a cup will be pre- ( sented to Walter Johnson. The < President said he would try to at- ] tend. i A lilttle Trickster. "Well, Freddie, dear, did you give the man at the pontofflee the money and then mail the letterT" 1 "No, mamma, I still have the 1 money, I put the letter In when he i wasn't looking." j < I. i 1 V =%? , TI AM LI mil COM MEN- 1 *G SUCH, ' ' j I paid for, and _, ?-. / ^nrasfpr ^nrl "? way we know ind. ? i ation (TON, Sec. & Treas. * I . VERYBODY HONORED BUT DAD ??? / en a tor Levis Proposes July 20 as "Father's Day." Washington, July 31.?Senator . Hamilton Lewis has come to the inclusion that the "old man" of the i Lmlly has not received proper recogition from a grateful country, alhough the nation has honored the ther members of the American ousehold. As a reseult, he anounced yesterday his intention to ltroduce a bill setting aside July /? - Q o a "Po T*v ?? * ? ? u , t?o r avuoi o LJlty. AIT6RQJ here is a "Mother's Day," and a ' Chlldren5s day." J "Why should not we do something or the old man," asked the senator. He pays the bills and on cold wlner mornings Is forced to light fire, n summer they make him do the rork of a horse In mowing the lawn eneath the blazing sun." Subscribe for The News. ANNOUNCEMENTS. For Cotton Weigher. I hereby announce that I am a canldate for re-election to the office of !otton Weigher at Lancaster, iob> ect tothe laws of the state and the n ules and regulations of the Demo? ratic party. A. J. BAILET. For potton Weigher. I am a candidate for Cotton . I Veigher at Lancaster. I recognise uo i uit? ui iun isemocrauc party, ? nd those governing the election of otton weighers in Lancaster eouny, and will abide by the same. If lected, my motto will be the samo a heretofore?to know no man In he discharge of my duties; and I telleve a change should be made In he cotton weighing business in Lanaster for the upbuilding of Lansaster and her cotton market. J. F. NI8BET. For Cotton Weigher. We are authorized to announce he name of Ellison Small for Cotton Velgher at Lancaster, subject to the ules and regulations governing iame. For Cotton Weigher. I hereby announce myself aa a candidate for re-election to the office >f Cotton Weigher ror the town of 3eath Springs, subject to the rules ind regulations governing the name.a J S Z. P. MACKHT. JP For Cotton Weigher. 1 p Wg are authorized to annouQp-,^ .he nace of W. T. VanLandingh^^Bi 'or Cotton Weigher at Heath Sprlrfl[pP\ lubject to the rules and regulattA X governing same. X \ ?* .